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Jill on Money with Jill Schlesinger

Coronavirus: Keep or Ditch Insurance Policy?

Jill on Money with Jill Schlesinger

Audacy

Self-improvement, Business, Investing, Education

4.61.8K Ratings

🗓️ 3 September 2020

⏱️ 13 minutes

🧾️ Download transcript

Summary

Whether or not it makes sense to keep or ditch your existing insurance policy is always a tricky question, one that requires some careful analysis. Have a money question? Email me here. Please leave us a rating or review in Apple Podcasts. "Jill on Money" theme music is by Joel Goodman, www.joelgoodman.com. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to the Jill on Money Coronavirus Market Update. It is Thursday, September 3rd,

0:11.0

and we are here to help navigate these trying financial economic and let's be

0:17.5

honest health times. If you have a question please do send us a note.

0:23.0

It's Ask Jill at Jill on Money.com.

0:25.8

And of course, you can always just reach us

0:27.8

through our website, which is Jill on Money.

0:30.8

We've got a contact button in the upper right corner. That's what Stacy did. She says,

0:35.4

I love the daily podcast. I love it so much that I recommended it to my mom and dad

0:40.3

who are just getting into the podcast scene.

0:42.6

Love that.

0:43.6

They watch you on CBS, they think you are a genius.

0:46.8

Well, God love them, but anyway, more genius than their daughter, apparently.

0:51.0

My dad reached out to me about some life insurance advice.

0:55.0

As we were discussing it, he said maybe you would be a good source of info because I wasn't too

0:59.4

helpful and I'm a lawyer. I'm laughing, this is so funny. Only a daughter could talk about it this way

1:04.8

admittedly life insurance not my specialty I don't own it I don't have experience okay so

1:09.2

Jill here's the info you can step in and be the financially astute daughter my dad wished she'd had.

1:15.7

Oh, don't be so rough on yourself. But anyway, my parents are in their 80s. Oh, awesome, by the way, 80s and

1:21.3

they're podcasting. Dad's 85 85 mom's 81. They're active and

1:25.0

healthy. Mom's been struggling with breast cancer for many years, literally 30

1:28.9

years or more, on and off. She's got it under control and she is able to lead an active in normal lifestyle goes in for test

1:35.9

periodically. Dad currently has a New York life whole life policy. He's had it since 1993. Death benefit is $150,000 with a paid

...

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